The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.
The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.
The problem with the existence of billionaires is really the wealth inequality itself, not the number of dollars in their bank accounts.
Inequality is what gives the ultra-wealthy their outsized influence in the political economy.
Dollars are not scarce items; the government can issue currency essentially at will. Taxes aren’t there to fund services. They exist to reduce inequality.
So yes, tax the billionaires. And if they leave: we’re better off that way too!
Sorry, I seriously disagree with about all of this.
This is about Canadian politics. We have strict rules and limits on donations, advertising and support. Like anything, could probably be better but it’s a pretty fair balance.
Apologies but this is childishly ignorant. Look to most countries in South America about the consequences of doing so. Inflation is very real and reducing the value of the Canadian dollar hurts those who can afford it least.
Absolutely not. Being equally poor without teachers, doctors, roads, defence, I mean my God.
We do. You let me know how much you think we do currently, how much more you would like.
Who needs hospitals, schools, emergency responders etc anyway? At least we won’t have dumb ol’ rich people anymore!
You’re welcome to disagree - but everything I said is factual. If there’s something you don’t understand, I’m happy to explain - just ask.
Okay, sure, this is technically true. In the same way that technically, you can drink bleach it’s just a very bad idea.
It’s literally how we dealt with the first phase of the Covid pandemic. Was keeping millions of Canadians from being evicted a bad idea?
Covid, and emergencies like it, are entirely the point of fiscal responsibility!
In an emergency, you can max out your credit. If you do that on the regular, for non emergencies, not only will you end up paying an absurd amount of interest, but you won’t be able to borrow more when the next emergency happens!
Great ok so we at least agree that issuing currency is not the fiscal equivalent of drinking bleach, and that there are good and bad reasons to do it.
Edit: You CAN drink a small amount of bleach. Just like you CAN print money during a generational event.
A small amount of bleach will burn a bit. A small amount of printing money caused inflation that we also haven’t seen in decades. It hurts families now but that’s the price we paid to help during covid.
Taxes, then, are disinflationary, right? Which is why we need to tax the rich especially